Currently, UBS Group is the second-largest shareholder of UBS Securities Company. It has a 20 per cent stake and management control of the venture. Photo: Felix Wong

UBS Group becomes first global bank to apply for majority control of Chinese securities venture

Application to increase stake in UBS Securities Company under review, says CSRC

Topic |   Financial regulation

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Currently, UBS Group is the second-largest shareholder of UBS Securities Company. It has a 20 per cent stake and management control of the venture. Photo: Felix Wong
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